RONALD D. EDWARDS, INC. esm INFORMATION FOR ADJUSTING ENTRIES JANUARY 1, 2018 -- DECEMBER 31, 2018 !!READ ALL OF THIS INFORMATION BEFORE YOU BEGIN YOUR ADJUSTING ENTRIES!! A new factory warehouse was purchased on 01-01-2018 for $3,475,500.00 Prior to this time, the warehouse facilities had been rented. The cost of 1) the warehouse was not recorded in the general ledger when purchased. The company obtained financing payment is $34,945.00 per month. (Principal $19,308.33, Interest $15,636.67). Assume equal payments each month. All payments were recorded in the general ledger to the notes payable--short term resulting in a debit balance on the beginning trial balance of $419,340.00. The purchase price included $100,000.00 for land. on a 15-year note signed on 01-01-2018. The